Lot 12, 5135 40 Avenue, InnisfailLot 12, 5135 40 Avenue, Innisfail — photo 2Lot 12, 5135 40 Avenue, Innisfail — photo 3Lot 12, 5135 40 Avenue, Innisfail — photo 4Lot 12, 5135 40 Avenue, Innisfail — photo 5Lot 12, 5135 40 Avenue, Innisfail — photo 6Lot 12, 5135 40 Avenue, Innisfail — photo 7Lot 12, 5135 40 Avenue, Innisfail — photo 8Lot 12, 5135 40 Avenue, Innisfail — photo 9
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For Lease · Land

Lot 12, 5135 40 Avenue, Innisfail

Lot 12, 5135 40 Avenue, Innisfail, AB T4G1Z1

$517,000 per sq ft / yr

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

97%

Lot Size

1.63 ac

About this property

Innisfail is conveniently located within the Calgary-Edmonton corridor, just off AB-2 only an hour and 15 minutes from downtown Calgary, and 2 hours from downtown Edmonton. This land development opportunity is located in the northeast corner of Innisfail and provides easy access and direct visibility to the highway which sees 30,000 VPD. There are 4 Lots available for lease or purchase, each ranging from 1.51 to 2.63 acres. Additionally, all four parcels of land (7.63 acres) are available for sale. Some adjacent business’ include, Innisfail Chrysler Jeep Ram, Boston Pizza, Days Inn, Shoppers Drug Mart and No Frills Supermarket. ***Lots available: Lot 9: 2.91 Ac | $ 893,000.00 === Lot 12: 1.63 Ac | $ 517,000.00 === Lot 13: 1.51 Ac | $ 470,000.00 === Lot 14: 1.58 Ac | $ 493,500.00 *** Zoning: HWY -C Commercial District. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$517K
Down payment30% · $155K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$29K

Annual cash flow

$710

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

65,306

Households

30,463

Median income

$98,500

Median age

31.7

Daytime population

95,110

5-yr growth

5.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Lot 12, 5135 40 Avenue, Innisfail.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.